The method of moving averages is used
A) in regression analysis.
B) to plot a series.
C) to smooth a series.
D) to exponentiate a series.

Question

Quizplus · Accepted Answer

The method of moving averages is primarily used to smooth out fluctuations and identify trends within a series of data. It involves taking the average of a subset of the data points over a defined time period and using that average to represent the data point for that period. This smoothing effect can be useful in identifying patterns and trends that may not be immediately apparent from the raw data, and is commonly used in financial analysis, time series forecasting, and other applications where data smoothing is important.

The Method of Moving Averages Is Used